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Suppose that a one-year, risk-free, zero-coupon bond with a $100.000 face value has an initial price of $95.500. What is the yield to maturity?
Suppose that a one-year, risk-free, zero-coupon bond with a $100.000 face value has an initial price of $95.500. What is the yield to maturity?
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
